The Adviser Talk

Are we really as wealthy as the headlines claim? New Zealand recently ranked fifth globally in per capita wealth—but is that just an illusion? In this episode, Tim and Nick unpack why so much of our “wealth” is tied up in property, what that means for financial security, and practical steps to build resilience beyond bricks and mortar.(00:00:00) Intro: Are we really the fifth-wealthiest nation, or is it smoke and mirrors?(00:00:36) Why Kiwis feel squeezed despite global wealth rankings(00:00:49) The Allianz report and New Zealand’s property-heavy balance sheet(00:03:38) Why housing wealth creates an illusion of security(00:04:29) The “third age” and risks of poor cash flow in retirement(00:06:40) Government incentives and our obsession with property(00:08:07) GDP per capita vs wealth rankings—what’s the real story?(00:09:57) Why New Zealand’s productivity has lagged for decades(00:13:30) Export strategy and lack of value-add in key industries(00:16:02) Practical steps for genuine financial resilienceThe Adviser Talk is available on all major streaming platforms, including Spotify and Apple Music.Nick Stewart is a Financial Adviser and CEO at Stewart Group, a Hawke's Bay and Wellington-based CEFEX-certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance and KiwiSaver solutions.The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visit our website, www.stewartgroup.co.nz Hosted on Acast. See acast.com/privacy for more information.

Is wisdom really worth 4.52%?In this episode, Tim and Rory unpack the true value of advice.Russell Investments recently quantified the value financial advisers bring to New Zealand investors at 4.52%, Rory breaks down the “price of wisdom” and explores the real benefits that extend far beyond portfolio performance.(00:00:43) What’s in the 4.52%: asset allocation, customised planning, and behavioural coaching (00:01:38) Why investors fixate on numbers; NZ’s property bias and herd behaviour (00:02:24) When “safe” turns risky: property boom/bust parallels with ’87 crash, dot‑com, GFC, COVID (00:03:25) Returns comparison: NZX50 (~6.9x) vs globally diversified (~17.5x) since the late ’80s (00:04:06) Media narratives, bubbles and innovation; the human tendency to react to “now” (00:05:31) Holistic planning beyond returns: tax efficiency, structures, succession, risk insurance (00:06:13) Goals you can’t price: flexibility, travel, family—why some outcomes are “priceless” (00:06:35) Estate planning basics: wills, guardianship, peace of mind (00:07:51) Behavioural coaching in action: “don’t do this” moments; staying invested in KiwiSaver (00:10:27) Humans vs algorithms: reassurance and judgement you can’t automateThe Adviser Talk is available on all popular streaming platforms, including Apple and Spotify.Rory O'Neill is a Financial Adviser as well as the Director and General Manager at Stewart Group, a Hawke's Bay and Wellington-based CEFEX-certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance & KiwiSaver solutions. The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visit our website, www.stewartgroup.co.nz Hosted on Acast. See acast.com/privacy for more information.

Are yesterday’s market champions tomorrow’s winners? History says not likely. Driving the discussion: Financial advisor Bruce Jenks warns investors against concentrating portfolios in these high-performing stocks, despite the fear of missing out. While these companies benefit from AI-driven productivity gains, past market leaders like ExxonMobil and Chevron have shown that dominance doesn't last forever. Tune in to learn what simple, proven strategy remains your best defence against market uncertainty. Important time stamps:(00:00:42) Intro: Why yesterday’s winners may not be tomorrow’s champions(00:01:15) The rise of the “Magnificent Seven” and investor FOMO(00:03:02) Lessons from past market leaders (00:04:18) How quickly market leadership shifts(00:06:05) AI-driven gains and the risk of overconcentration(00:08:27) Diversification explained: reducing risk without sacrificing returns(00:10:14) US vs NZ market performance over the past five years(00:13:45) AI opportunities beyond tech(00:15:22) Why long-term planning beats chasing past performance(00:17:10) Closing thoughts: discipline, diversification, and clear strategyThe Adviser Talk is available on all major streaming platforms, including Spotify and Apple Music.Bruce Jenks is a Financial Adviser at Stewart Group, a Hawke's Bay and Wellington-based CEFEX-certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance and KiwiSaver solutions.The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visit our website, www.stewartgroup.co.nz Hosted on Acast. See acast.com/privacy for more information.

Can even the smartest minds outsmart market mania?Sir Isaac Newton lost a fortune in the South Sea bubble—proof that FOMO can derail even genius.In this episode, Tim and Nick unpack what Newton’s misstep teaches us about bubbles, herd behaviour and today’s hype-driven markets. Discover why diversification, discipline and wise counsel remain your best defence against financial folly.Important time stamps:(00:00:37) Intro: Newton’s investment mistake and market bubbles(00:01:33) Why bubbles happen and why they’re hard to spot(00:03:22) What Newton’s South Sea bubble experience reveals about investor behaviour(00:03:38) Deep dive into the South Sea bubble and Newton’s costly mistake(00:06:49) Newton’s famous quote on human behaviour and markets(00:08:14) Parallels between historical bubbles and today’s AI boom(00:11:36) Why predicting winners is nearly impossible(00:11:48) Strategies to counter FOMO and avoid poor decisions(00:13:30) Diversification as the best defence against market uncertainty(00:14:46) Role of financial advisers in preventing big mistakes(00:17:33) Closing thoughts: humility, discipline and diversificationThe Adviser Talk is available on all popular streaming platforms, including Spotify and Apple.Nick Stewart is a Financial Adviser and CEO at Stewart Group, a Hawke's Bay and Wellington-based CEFEX-certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance and KiwiSaver solutions.The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visit our website, www.stewartgroup.co.nz Hosted on Acast. See acast.com/privacy for more information.

Is your KiwiSaver working hard enough for your future?KiwiSaver should be part of a broader, holistic financial strategy—not a standalone account. Many Kiwis opt for overly cautious KiwiSaver options because they're not considering their entire asset mix.Tune in as Tim and Rory discuss how aligning your investments, property, insurance, and income can set you up for long-term retirement success. Important time stamps:(00:00:00) Episode and guest introduction(00:00:52) Importance of viewing KiwiSaver as part of a holistic financial picture(00:01:27) New Zealand's traditional approach to retirement planning and asset allocation(00:02:43) KiwiSaver as a growth asset and restructuring asset allocation(00:03:35) Explaining 'whole of wealth' and its practical implications(00:05:04) Challenges of fragmented financial advice and benefits of integrated planning(00:06:33) Impact of home ownership and mortgage on KiwiSaver strategy(00:07:46) Retirement flexibility and managing KiwiSaver post-65(00:08:42) Common mistakes in KiwiSaver fund selection and conservative allocations(00:10:05) Life changes and the need to adjust KiwiSaver strategy over time(00:10:37) Benefits of holistic financial advice over siloed providers(00:11:21) Financial planning for young individuals starting their journeyThe Adviser Talk is available on all popular streaming platforms, including Spotify and Apple Podcasts. Rory O'Neill is a Financial Adviser as well as the Director and General Manager at Stewart Group, a Hawke's Bay and Wellington-based CEFEX-certified financial planning and advisory firm. Stewart Group provides personal fiduciary services, Wealth Management, Risk Insurance & KiwiSaver solutions. The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visit our website, www.stewartgroup.co.nz Hosted on Acast. See acast.com/privacy for more information.